Posts Tagged ‘peanut butter’

The Friday File: Skippy Peanut butter, first sold in 1933, has been bought by Hormel Foods of MN from Unilever for $700 million in cash. Skippy, with an 18% market share, is the number two peanut butter brand in the US, sandwiched between Jif (at 34%) and Peter Pan. Skippy had $370 million in sales,…